Insights

Regulatory Intervention and Artificial Inspiration: Examining Google’s AI Governance Proposal on Copyright Protections

Similar to other major AI developers, Google has been facing several lawsuits that challenge the tech giant’s alleged use of copyrighted materials to train its AI models. Against that backdrop, Google’s white paper on AI policy, A Pragmatic Approach to AI Governance in America, appears to present a balanced approach to facilitating continued innovation on…

Illinois Digital Asset Tax Act Draws Scrutiny as Repeal Effort Emerges

Illinois’ newly enacted state budget includes the Digital Asset Tax Act (DATA), a transactional tax regime aimed at certain digital asset activities. DATA is scheduled to take effect January 1, 2027, and would impose a 0.2% tax that covered service providers must collect, separately state, report, and remit to the Illinois Department of Revenue. The…

The Safe Harbor Rule Every Founder Should Know

You filed an extension expecting to owe nothing, then a penalty notice shows up in the mail anyway. If this has happened to you, you are not doing anything wrong on purpose, you are just running into the U.S. estimated tax system. The core idea is that taxes in America are on a pay-as-you-go system….

Colleen Fay Featured on PEI’s Data Dive Podcast

Preparing for Your HRSA Operational Site Visit: A Readiness Checklist

For a Federally Qualified Health Center, the HRSA Operational Site Visit (OSV) is one of the most consequential compliance reviews in the grant cycle. Unlike a financial statement audit, the OSV evaluates whether the organization complies with the Health Center Program requirements that support its Section 330 funding. HRSA generally conducts an OSV once each…

Definition of Compensation: A Common Risk for Not-for-Profit Employee Benefit Plan Sponsors

For many plan sponsors, the definition of compensation seems straightforward. If everyone is paid a salary, determining compensation can be simple. However, in practice, compensation is one of the most critical and complex elements of plan administration. It is the foundation for participant deferrals, employer matching contributions, nonelective and profit-sharing contributions, forfeiture allocations and a…